US tech sell-off: What it means for Asia's semiconductor industry

Japanese and South Korean shares plunged on Nov 6, following a brutal sell-off on Wall Street overnight, as concerns grew that the United States midterm election results could slow or derail the artificial intelligence data centre investment boom. Memory chipmakers, whose advanced semiconductors are crucial to powering AI systems, were among the hardest hit. Bob O'Donnell, president of consultancy TECHnalysis Research, says tighter scrutiny of data centre expansion in the US could create new opportunities for Asia. He discusses on CNA’s Asia First what the latest market turmoil means for the outlook of the region's semiconductor industry. Read more: https://cna.asia/4BMVL0I

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